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Israel: UAE and Israel sign 'Abraham Accord' accompanied by US officials05:13

Israel: UAE and Israel sign 'Abraham Accord' accompanied by US officials

Israel, Tel Aviv
October 20, 2020 at 15:18 GMT +00:00 · Published

The first-ever delegation from the United Arab Emirates to visit Israel were accompanied by US officials to sign the tri-lateral economic venture known as the 'Abraham Accords' covering aviation, investment protection, science, and technology at the Ben Gurion Airport in Tel Aviv on Tuesday.

Emirati government officials landed in Israel on an Etihad Airways plane accompanied by U.S. officials, where they were welcomed by Israeli Prime Minister Benjamin Netanyahu, Foreign Minister Gabi Ashkenazi, and Finance Minister Israel Katz.

The visit is an outcome of the historic 'Abraham Accords' agreement that has been implemented to normalise ties between the two countries and which was signed last month at the White House after being brokered by President Trump.

During their visit, the Israeli and Emirati governments signed four agreements among which a mutual visa waiver, authorising 28 commercial flights a week between the countries, allowing the citizens of either country to visit the other without needing to be approved in advance.

CEO of U.S. International Development Finance Corporation (DFC) Adam Boehler officially announced the founding of the 'Abraham Fund.'

"The Abraham fund will invest in projects that create jobs, spur technical adventitious and foster prosperity for everybody, Jews, Muslims and Christians. The Abraham fund will start with a three billion dollar tri-lateral commitment," explained Boehler.

"Who would ever think that we would see the Emirati foreign Minister go to Berlin and sign in at the Holocaust Museum and write never again. We live in amazing times," Boehler went on to say.

Following Israel's peace deal with Egypt that took place in 1979 and the agreement with Jordan in 1994, The UAE and Bahrain are the third and fourth Arab states to normalise ties with Israel.

Israel: UAE and Israel sign 'Abraham Accord' accompanied by US officials05:13
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The first-ever delegation from the United Arab Emirates to visit Israel were accompanied by US officials to sign the tri-lateral economic venture known as the 'Abraham Accords' covering aviation, investment protection, science, and technology at the Ben Gurion Airport in Tel Aviv on Tuesday.

Emirati government officials landed in Israel on an Etihad Airways plane accompanied by U.S. officials, where they were welcomed by Israeli Prime Minister Benjamin Netanyahu, Foreign Minister Gabi Ashkenazi, and Finance Minister Israel Katz.

The visit is an outcome of the historic 'Abraham Accords' agreement that has been implemented to normalise ties between the two countries and which was signed last month at the White House after being brokered by President Trump.

During their visit, the Israeli and Emirati governments signed four agreements among which a mutual visa waiver, authorising 28 commercial flights a week between the countries, allowing the citizens of either country to visit the other without needing to be approved in advance.

CEO of U.S. International Development Finance Corporation (DFC) Adam Boehler officially announced the founding of the 'Abraham Fund.'

"The Abraham fund will invest in projects that create jobs, spur technical adventitious and foster prosperity for everybody, Jews, Muslims and Christians. The Abraham fund will start with a three billion dollar tri-lateral commitment," explained Boehler.

"Who would ever think that we would see the Emirati foreign Minister go to Berlin and sign in at the Holocaust Museum and write never again. We live in amazing times," Boehler went on to say.

Following Israel's peace deal with Egypt that took place in 1979 and the agreement with Jordan in 1994, The UAE and Bahrain are the third and fourth Arab states to normalise ties with Israel.

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